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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (11924)7/17/2001 4:30:39 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Sounds like a revenue warning to me:

Intel (INTC) 29.90 +0.77: -- Update -- Reports Q2 earnings of $0.12 a share, $0.02 better than the First Call consensus of $0.10, vs year-ago earnings of $0.37; revenues fell 23.7% to $6.33 bln from a year-ago of $8.30 bln; company sees Sep qtr revenues of $6.2-6.8 bln relative to Multex consensus of $6.67 bln; gross margin decline to 47% from 48%. Capital spending plan for 2001 remains unchanged at $7.5 bln.